I would bet any amount of money that when Pete was betting, if he bet on a game he was involved with, playing or managing, there isn't a single instance of him betting against his side.
And if so, to me......WHO CARES?
Betting with your own cash ON YOURSELF to win and then getting shit about it is bullcorn of the nth degree. In fact it is in line with his self assured attitude towards everything in his life.
I don't care if Pete had an 0-20 scrub on the hill and his clean up hitter on the DL.....He would never have thrown in the towel and went into a contest admitting there was even the remotest chance they wouldn't prevail.
You know either overtly in person or by proxy, MANY boxers get money down on themselves.
Were I fighting, so would I. If I didn't think I was going to destroy the other guy I wouldn't have agreed tot he fight.
No amount of money would convince me to take a public beating.
I doubt it would for Pete either and he's had waaaay more if it than I have.